Public Statements

Issue Position: Tax Reform

Issue Position

"Our tax code is too complex, our rates are too high, and the tax burden is carried by too few. It costsAmerica's taxpayers over $400 billion every year just to be in compliance with the 17,000-page tax code."-Gov. Huntsman, 8/31/11

Over the last 25 years, our tax system has devolved into a maze of credits, deductions, loopholes and temporary provisions which create fiscal uncertainty and hinder America's competitiveness. American businesses suffer from the second-highest corporate tax rate in the developed world. High marginal rates also negatively impact small businesses, many of which file as individuals. These rates must be reduced for America to compete in the 21st Century economy.